{"id":133,"date":"2024-11-20T14:30:58","date_gmt":"2024-11-20T14:30:58","guid":{"rendered":"https:\/\/blog.citrus-lime.com\/hoop\/?page_id=133"},"modified":"2025-02-19T09:22:00","modified_gmt":"2025-02-19T09:22:00","slug":"cycle-scheme","status":"publish","type":"page","link":"https:\/\/blog.citrus-lime.com\/hoop\/service\/cycle-scheme\/","title":{"rendered":"Cycle Scheme"},"content":{"rendered":"\n
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What is the Cycle To Work scheme?<\/p>\n<\/div>\n\n\n\n

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Hoops is partnered with a number of Cycle schemes. All of these offer quick services to help provide you a new bike and accessories at a lower cost to you which are usually spread out over 12 months. This allows you to have a nice new bike and accessories, right now without having to pay the full cost up front.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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HOW DOES IT WORK?<\/p>\n<\/div>\n\n\n\n

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The cycle schemes allows you to get up to \u00a310,000 worth of Bikes, clothing, accesssories and parts through your employer. Once you have collected the goods to the voucher value, you\u2019ll pay the cost back to your employer over 12 months out of your wages before tax. Your employer will own the goods until the end of the hire agreement, each scheme works slight differently as to the lengh of the hire\/ownership and what happens at the end of the hire.<\/p>\n\n\n\n

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We offer the ability to purchase a new bike under a number of Cycle to work schemes, including Cyclescheme, Green Commute Initiative, GoGeta, Cycle Solutions and more.<\/p>\n\n\n\n

Save money on a new bike and spread the cost. Cycle to work schemes are an employee benefit you can use to buy a new bike. You will make a saving of at least 25% when buying the bike.<\/p>\n<\/div>\n\n\n\n

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To apply for the scheme you will need to get a quote from your friendly local bike shop for the bike and accessories you want. You then apply for a cycle to work voucher through your HR \/ payroll department. You present this voucher to the bike shop and they will supply the bike you want.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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HOW MUCH CAN I SAVE?<\/p>\n\n\n\n

Usually on average it is been 25% – 39%
But can be up to 50%<\/p>\n<\/div>\n\n\n\n